The seven-figure investment aims to support the company’s growth strategy, following its recent growth to nearly 50 staff members.

Craig Hutcheon, founder of Hutcheon Mearns, explained the significance of the new location which was “previously owned by HSBC” as Adam Maitland, the co-owner of Hutcheon Mearns, “used to work there”.

In addition to Aberdeen the firm has increased its Edinburgh presence, and the Dundee branch, now comprising a team of eight and led by Lynsey Campbell, has moved to a larger office space at Waters Edge.

Hutcheon Mearns has said it will continue to invest in its offices to keep up with rapid growth. This year the company hit 70% revenue growth, with 40% growth the year before – and it’s already on target to have another record year by March 2024.

This growth has also been achieved during a transformational year for the company. That included the launch of Hutcheon Mearns Real Estate, a new website and, internally, a realignment towards three core areas – people, deals and insights.

Mr Hutcheon said: “The people side covers any resource requirement of a finance team, including our specialist interim and outsourcing teams. Essentially, someone can come to us and say ‘I think I need a new finance person, can you find me one?’.

“We can then find them someone for a specific project or role, or if they don’t want to employ someone, they can outsource to us. This is a hugely unique proposition for our clients and something we don’t believe is replicated elsewhere.

“On the deals side, we have a rapidly growing corporate finance and transaction services team, which has been nominated as Corporate Finance Team of the Year in this year’s Scottish Business Insider Deal & Dealmakers Awards.

“Our approach to deals is highly flexible compared to the “old guard”, driven by our willingness to operate across the strategic spectrum of a company from early stage to late stage.”

The insights side of Hutcheon Mearns prioritises technology automation and using data to inform businesses. Mr Hutcheon mentions that as the world looks to technological advancement, finance processes also need to adapt.

“How do we answer the questions that are keeping the finance directors and CFOs of this world up at night? Our insights division is built to improve efficiency and achieve better analysis, in order to get better answers and ultimately make informed decisions,” he said.

Mr Hutcheon concluded: “The problems that company owners and finance teams face may remain the same, but now we’re providing more solutions in order to create and secure value for our customers.”

“We need to constantly challenge the business.”